5 Mollands Lane

    5, MOLLANDS LANE, SOUTH OCKENDON, RM15 6DB

    This terraced freehold property on Mollands Lane last sold in January 2021 for £400,000. Based on price growth in the RM15 district since then, its estimated current value is £445,713 — placing it in the 73rd percentile nationally and the 81st percentile within RM15. The property covers 99 m² (1,066 sq ft), giving an estimated value of £4,502 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £400,000

    Jan 2021

    Estimated Valuation

    £445,713

    Est. £/sq ft

    £418/sq ft

    £4,502/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area1,066 sq ft (99 m²)
    EPC dateMar 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jan 2021

    £400,000

    19 Sept 2006

    £220,000

    13 Jun 2002

    £149,995

    11 Jul 1997

    £78,000

    Key Metrics

    Estimated valuation£445,713
    Value per sq ft / m²£418/sq ft (£4,502/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RM15 district percentile81st percentile
    National percentile73rd percentile

    District Context — RM15

    RM15 covers the southeastern part of the RM postcode area, situated in east London's outer reaches. It is a family-oriented neighbourhood with a notably youthful demographic and strong owner-occupier presence.

    Average Property Price - RM15

    £354,356

    57

    National percentile

    Average Net Household Income - RM15

    £41,619

    65

    National percentile

    10-Year Annualised Price Growth - RM15

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - RM

    4.4%

    80

    National percentile

    View full analysis for RM15

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